Real Business Solutions has announced the release of W2 Mate 2024, its latest 1099 electronic filing software, designed to simplify the tax reporting process for accountants and CPAs. This software is fully compatible with the IRS FIRE system and the new IRIS platform, ensuring users meet all current IRS electronic filing mandates. With features like unlimited e-filing and support for both federal and state filings, including states like California, New York, and Texas, W2 Mate 2024 stands out as a versatile tool for tax professionals.
The software's ability to generate files in the IRS 1099 electronic filing format for the FIRE system and CSV format for the IRIS portal, along with support for the EFW2 format for W2 forms, underscores its comprehensive approach to tax reporting. Additionally, the introduction of secure PDF generation for 1099s and W2s offers an eco-friendly alternative to traditional paper copies, allowing for email distribution to employees who consent.
Given the IRS mandate for electronic filing for businesses submitting 10 or more returns, W2 Mate 2024's unlimited e-filing capability is particularly timely. The software also excels in data import functionality, supporting data from QuickBooks, Sage Peachtree, Microsoft Dynamics, Excel, and CSV spreadsheets, making it adaptable to various accounting systems.
With critical deadlines for the 2024 tax year approaching, such as January 31, 2025, for Form 1099-NEC and later dates for other forms, Real Business Solutions emphasizes the efficiency and environmental benefits of electronic filing. The company offers a trial version of the software, accessible at https://www.realtaxtools.com/1099software/1099software.html, allowing potential users to explore its features before the tax season peaks.
The launch of W2 Mate 2024 is a significant development for tax professionals navigating the complexities of modern tax regulations and the shift towards electronic submissions. Its comprehensive features and broad compatibility make it an essential tool for ensuring accuracy, compliance, and efficiency in tax reporting processes, particularly for firms managing large volumes of tax documents across multiple states.
